34th AGM Scrutinizers Report

MAHESHWARI NEETU & ASSOCIATES PRACTISING COMPANY SECRETARY FORM No. MGT-13 Report of Scrutinizer(s) [Pursuant to rule section 109 of the Companies Act, 2013 and rule 21(2) of the Companies (Management and Administration) Rules, 2014] The Chairman Garnet Construction Limited 501/531, Laxmi Mall, Laxmi Industrial Estate, New Link Road, Andheri West, Mumbai, Maharashtra, India - 400053 Dear Sir, I, NEETU MAHESHWARI, Company Secretaries, have been appointed as a Scrutinizer by the Board of Directors of Garnet Construction Limited (‘the Company’) for the purpose of scrutinizing the voting by electronic means i.e. "remote e-voting" and through electronic voting system at the 34th “Annual General Meeting (‘AGM’) of the shareholders of the Company, pursuant to Section 108 of the Companies Act, 2013 (‘the Act’) read with Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended and in accordance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) on the resolutions contained in the Notice of the AGM held on Wednesday, September 30, 2026 at 11.00 a.m. (1ST), through Video Conferencing (‘VC’) or Other Audio Visual Means (‘OAVM’) in a fair and transparent manner. The Management of the Company is responsible to ensure compliance with the requirements of the Companies Act, 2013 and rules relating to remote e-voting prior to and during the AGM on the resolutions forming part of the Notice of the AGM. Our responsibility as a scrutinizer for the remote e-voting and voting during the Annual General Meeting is restricted to making a Scrutinizer's Report of the votes cast in favour or against the resolutions. My responsibility as a scrutinizer for the e-voting process is restricted to prepare the Scrutinizer Report on the votes cast "in favour" or "against" the resolution(s) Office : 316, MANGLAM, ELECTRONIC MARKET, RIDHI SIDHI CHORAHA, JAIPUR, RAJASTHAN 302015 CONT. 01414920087 Email: csmaheshwari2@gmail.com (P e er R ev iew Unique Identification No.:I2014RJ1177000) MAHESHWARI NEETU & ASSOCIATES PRACTISING COMPANY SECRETARY based on the reports generated from the e-voting system provided by the National Securities Depository Limited ( NSDL ), the authorized service provider for extending the facility of electronic voting to the shareholders of the Company. Further to the above, I submit my report as under: Further to the above, I submit my report as under: 1. Pursuant to the provisions of Section 108 of the Act read with Rule 20 of the Companies (Management and Administration) Rules, 2014, Regulation 44 of the Listing Regulations and MCA Circulars and SEBI Circulars, the Company has availed the e-voting facility offered by NSDL for conducting remote e- voting prior to AGM and e-voting at the AGM by the Shareholders who attended the AGM through VC / OAVM and who had not cast their vote through remote e-voting. 2. In terms of MCA Circulars and SEBI Circulars, the Company had sent the notice of AGM along with Annual Report for the Financial Year 2025-26 in electronic form only to its members whose name(s) appeared in the Register of Members/ list of beneficiaries. 3. The shareholders of the Company holding shares as on the cut-off date i.e. Wednesday, September 23, 2026 were entitled to vote on the resolutions as set out in the Notice of the AGM. 4. The voting period for remote e-voting commenced on Saturday, September 27, 2026, at 09:00 a.m. IST and ended on Monday, September 29, 2026 at 5:00 p.m. IST and thereafter, the voting portal was blocked forthwith. 5. On Wednesday, September 30, 2026 after the conclusion of AGM, the report on the e-voting carried at the AGM and remote e-voting process were unblocked by me 6. I have scrutinized and verified the votes cast through e-voting at the AGM and remote e-voting based on the data generated from NSDL e-voting portal. I now submit my Consolidated Report on the Results of the remote e-voting and e-voting at the AGM in respect of said resolutions as under: Item No. 1: Ordinary Resolution Adoption of Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon; Office : 316, MANGLAM, ELECTRONIC MARKET, RIDHI SIDHI CHORAHA, JAIPUR, RAJASTHAN 302015 CONT. 01414920087 Email: csmaheshwari2@gmail.com (P e er R ev iew Unique Identification No.:I2014RJ1177000) MAHESHWARI NEETU & ASSOCIATES PRACTISING COMPANY SECRETARY (i) Voted in favour of the resolution: Number of votes % of total Mode of Voting Number of cast by number of valid members Voted Members votes cast Remote E-Voting 173 9294685 99.9997 E-Voting at AGM 4 16 0.0002 Total 177 9294701 99.9999 (ii) Voted against the resolution: Number of votes % of total Mode of Voting Number of cast by number of valid members Voted Members votes cast Remote E-Voting 1 10 0.0001 E-Voting at AGM - - - Total 1 10 0.0001 (iii) Invalid Votes : Number of Mode of Voting members Voted Number of votes cast by them Remote E-Voting 0 0 E-Voting at AGM 0 0 Total 0 0 Item No. 2: Ordinary Resolution Re-appointment of Mr. Arun Kedia (DIN 00205183), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013. (i) Voted in favour of the resolution: Number of votes % of total Mode of Voting Number of cast by number of valid members Voted Members votes cast Remote E-Voting 173 9294685 99.9997 E-Voting at AGM 4 16 0.0002 Total 177 9294701 99.9999 Office : 316, MANGLAM, ELECTRONIC MARKET, RIDHI SIDHI CHORAHA, JAIPUR, RAJASTHAN 302015 CONT. 01414920087 Email: csmaheshwari2@gmail.com (P e er R ev iew Unique Identification No.:I2014RJ1177000) MAHESHWARI NEETU & ASSOCIATES PRACTISING COMPANY SECRETARY (ii) Voted against the resolution: Number of votes % of total Mode of Voting Number of cast by number of valid members Voted Members votes cast Remote E-Voting 1 10 0.0001 E-Voting at AGM - - - Total 1 10 0.0001 (iii) Invalid Votes : Number of Mode of Voting members Voted Number of votes cast by them Remote E-Voting 0 0 E-Voting at AGM 0 0 Total 0 0 Item No. 3: Ordinary resolution To Regularise Ms. Chahat Sanjaykumar Kedia holding DIN 11621550 who was appointed as additional director as Director of the Company. (i) Voted in favour of the resolution: Number of votes % of total Mode of Voting Number of cast by number of valid members Voted Members votes cast Remote E-Voting 173 9294685 99.9997 E-Voting at AGM 4 16 0.0002 Total 177 9294701 99.9999 (i) Voted against the resolution: Number of votes % of total Mode of Voting Number of cast by number of valid members Voted Members votes cast Remote E-Voting 1 10 0.0001 E-Voting at AGM - - - Total 1 10 0.0001 Office : 316, MANGLAM, ELECTRONIC MARKET, RIDHI SIDHI CHORAHA, JAIPUR, RAJASTHAN 302015 CONT. 01414920087 Email: csmaheshwari2@gmail.com (P e er R ev iew Unique Identification No.:I2014RJ1177000) MAHESHWARI NEETU & ASSOCIATES PRACTISING COMPANY SECRETARY (ii) Invalid Votes : Number of Mode of Voting members Voted Number of votes cast by them Remote E-Voting 0 0 E-Voting at AGM 0 0 Total 0 0 Item No. 4: Special Resolution To appointment Mr. Arunkumar Kedia (DIN: 00205183) as Managing Director of the Company to hold office for a term of 5 (five) consecutive years from Financial Year 2026-27 till Financial Year 2030-31. (i) Voted in favour of the resolution: Number of votes % of total Mode of Voting Number of cast by number of valid members Voted Members votes cast Remote E-Voting 173 9294685 99.9997 E-Voting at AGM 4 16 0.0002 Total 177 9294701 99.9999 (ii) Voted against the resolution: Number of votes % of total Mode of Voting Number of cast by number of valid members Voted Members votes cast Remote E-Voting 1 10 0.0001 E-Voting at AGM - - - Total 1 10 0.0001 (iii) Invalid Votes : Number of Mode of Voting members Voted Number of votes cast by them Remote E-Voting 0 0 E-Voting at AGM 0 0 Total 0 0 Office : 316, MANGLAM, ELE [Showing first 8,000 characters — download PDF for full document]